Mississippi § 41-43-57 - Application for release of trust principal for certain purposes under exceptional circumstances.
Full text of Mississippi Mississippi Code of 1972 Annotated § 41-43-57 — Application for release of trust principal for certain purposes under exceptional circumstances., with citation guidance and answers to common questions.
§ 41-43-57. Application for release of trust principal for certain purposes under exceptional circumstances.
In exceptional circumstances only, a perpetual care owner can make an application to the Secretary of State for an order directing the trustee to release trust principal for the extended care, maintenance or improvements to the perpetual care cemetery for which interest funds are insufficient. Before issuing such an order, the Secretary of State shall satisfy himself that the request is for a major capital expenditure that will advance the perpetual care life of the cemetery without undue risk to the solvency of the perpetual care trust fund. Consistent with this section, this shall be the only instance in which a perpetual care trust corpus may be utilized for cemetery maintenance and improvements. In the consideration of the application, the Secretary of State may require the production of any records deemed necessary and relevant to the cemetery’s application for a major capital expenditure.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 41-43-57
What does Mississippi Code of 1972 Annotated § 41-43-57 cover?
Section 41-43-57 ("Application for release of trust principal for certain purposes under exceptional circumstances.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 41-43-57?
A common citation format is "Mississippi Code of 1972 Annotated § 41-43-57" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 41-43-57 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.